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Healthy Farm Prices Spur Consumption in Thailand.
Byline: Parista Yuthamanop
May 6--The improving trend in the agriculture sector is trickling down to the rest of the economy as farmers enjoy the fruits of their increased income.
According to the Bank of Thailand, rising farm prices in the world market would be a key driving force behind economic growth this year.
Higher crop prices and increased production led to a strong 18 percent year-on-year growth in farmers' income in the first quarter. Consequently, farmers are spending more.
The central bank, in its April inflation report, said the recent rise in consumption of durable goods was due to improvements in farm income. Consumption ...
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Bangkok Post, Thailand Knight Ridder...uidity from better farm prices and greater availability...times. To see more of the Bangkok Post, or to subscribe to the...bangkokpost.com (c) 2003, Bangkok Post, Thailand. Distributed...
- Healthy Farm Prices Spur Consumption in Thailand.
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By Parista Yuthamanop, Bangkok Post, Thailand Knight Ridder/Tribune...to the Bank of Thailand, rising farm prices in the world market would be a...8 percent. To see more of the Bangkok Post, or to subscribe to the newspaper...
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Source: HighBeam Research, Healthy Farm Prices Spur Consumption in Thailand.